Shareholder Activism: Benefits and Drawbacks

ISBN-13: 9783631642931 / Angielski / Twarda / 2014 / 395 str.

Marion D. Hartmann

Opis

This book analyses and compares the benefits and drawbacks of shareholder activism in corporations under US American and German law, applying means of new institutional economics. The analysis concentrates on three fields of action of active shareholders in targeted corporations: nominations and elections, transaction decisions and financial decisions. The author evaluates and compares the effectiveness of the means which active shareholders use and of the limitations they face. She concludes that shareholder activism has benefits and drawbacks. Both require legal actions under the two jurisdictions, such as stronger nomination and election rights under US American law and more effective disclosure obligations under German law.

Spis treści

Contents: Benefits and Drawbacks of Shareholder Activism in Corporations under US American and German Law - Analysis of Shareholder Rights and Limitations in the Areas of Nominations and Elections - Transaction Decisions - Financial Decisions - Benefits and Drawbacks - Statutory Amendments under American and German Jurisdictions.

O autorze

Marion D. Hartmann studied law at the Humboldt University of Berlin and at the Université de Genève. She completed the LL.M. program at Duke University (USA), and the legal clerkship at the Higher Regional Court of Hamburg. She received her doctorate from the Humboldt University of Berlin and currently works as a corporate attorney of law in Hamburg.